Campari confirms strong year-to-date sales

Italian drinks firm Campari Group has reported “positive momentum” in the first nine months of 2019, driven by apéritif brand Aperol and its brown spirits portfolio. The drinks group’s reported sales grew 8.6% to €1.3 billion (US$1.44bn) after the exchange rate and perimeter effects. Gross profit increased by 10.5% to €808.6 million (US$896m). Campari said it had witnessed a “strong” third quarter boosted by its “high-margin apéritifs business despite a tough comparable base and adverse…

Continue Reading →